The New York fashion industry has a well-deserved reputation for business acumen; our designers — Michael Kors, Alexander Wang — have skillfully built their brands with strong accessories offerings and savvy ventures like diffusion lines.

But European design houses are no less commercially minded, argued fashion journalist Laurie Brookins over dinner while filming theFashionDish, a new original series from tFS.

"You look at a lot of European shows — you look at Louis Vuitton, you look at Chanel, at Hermes, and you want to see the bags," Brookins said. "The bags are the bread and butter of so many collections."

Watch the full clip above.

Image: IMAXtree

The debut installment of theFashionDish brings six fashion industry experts for dinner and a roundtable discussion recapping New York Fashion Week. In the coming weeks, we'll be bringing you lots of short clips and a full 30-minute episode drawn from the rowdy, hilarious and informative conversation that ensued.

About our panelists:

June Ambrose, a leading celebrity stylist whose clients include Jay Z, Missy Elliot and Zoe Saldana.

Laurie Brookins, a veteran fashion journalist who has interviewed designers like Tom Ford, Frida Giannini and Alber Elbaz. Brookins was also theFashionSpot's social ambassador this Fashion Week.

Katie Cassidy, the star of The CW's Arrow and co-founder of the fashion blog TomboyKC.